The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Company COM 85579Y101 1,277 9,010 SH   SOLE   9,010 0 0
Aetna Inc COM 00817Y108 32,527 297,305 SH   SOLE   297,305 0 0
Aflac Inc COM 001055102 57,701 992,620 SH   SOLE   992,620 0 0
Alleghany Corp Del COM 017175100 20,170 43,088 SH   SOLE   43,088 0 0
American Express Co COM 025816109 45,537 614,300 SH   SOLE   614,300 0 0
Ampco-Pittsburgh Corp COM 032037103 4,502 412,659 SH   SOLE   412,659 0 0
Apache Corp COM 037411105 10,589 270,407 SH   SOLE   270,407 0 0
AT&T Inc COM 00206R102 41,689 1,279,600 SH   SOLE   1,279,600 0 0
Berkshire Hathaway Inc Del CL B 084670702 49,621 380,530 SH   SOLE   380,530 0 0
Cheveron Corp COM 166764100 40,796 517,193 SH   SOLE   517,193 0 0
Citigroup Inc COM 172967424 43,607 879,000 SH   SOLE   879,000 0 0
Emerson Elec Co COM 291011104 21,442 485,475 SH   SOLE   485,475 0 0
Exxon Mobil Corp COM 30231G102 24,629 331,250 SH   SOLE   331,250 0 0
Hyster-Yale Materials CL A 449172105 13,447 232,526 SH   SOLE   232,526 0 0
Intel Corp COM 458140100 32,083 1,064,415 SH   SOLE   1,080,440 0 0
JP Morgan Chase & Co COM 46625H100 1,932 31,690 SH   SOLE   31,690 0 0
Microsoft Corp COM 594918104 51,481 1,163,130 SH   SOLE   1,163,130 0 0
Miller Inds Inc Tenn COM 600551204 4,952 253,447 SH   SOLE   98,738 0 0
National Oilwell Varco Inc COM 637071101 30,415 807,786 SH   SOLE   807,786 0 0
New York Cmnty Bancorp Inc COM 649445103 9,128 505,450 SH   SOLE   505,450 0 0
Now Inc COM 67011P100 12,198 824,236 SH   SOLE   824,236 0 0
Pepsico Inc COM 713448108 4,532 48,060 SH   SOLE   48,060 0 0
Procter & Gamble Co COM 742718109 40,998 569,900 SH   SOLE   569,900 0 0
Staples Inc COM 855030102 10,636 906,790 SH   SOLE   906,790 0 0
Stryker Corp COM 863667101 32,656 347,030 SH   SOLE   347,030 0 0
Telephone & Data Sys Inc COM 879433829 21,363 855,885 SH   SOLE   855,885 0 0
Total Sys Svcs Inc COM 891906109 28,328 623,555 SH   SOLE   623,555 0 0
Valmont Inds Inc COM 920253101 21,883 230,622 SH   SOLE   230,622 0 0
Varian Med Sys Inc COM 92220P105 36,632 496,525 SH   SOLE   496,525 0 0
Wal-Mart Stores Inc COM 931142103 36,067 556,230 SH   SOLE   556,230 0 0
Wells Fargo & Co COM 949746101 51,415 1,001,260 SH   SOLE   1,001,260 0 0